The latest insights from franklin street experts
Multifamily workforce housing property has value add potential for investor NAPLES, Florida — Franklin Street announced it has successfully brokered the sale of the Wild
September 20, 2021
Transaction achieved record pricing for comparable properties in the Lauderdale Lakes submarket BROWARD COUNTY, FL (September 20, 2021) — Franklin Street has arranged the sale of a 48-unit value-add multifamily property in Lauderdale Lakes, a submarket of Fort Lauderdale, for $6.95 million or $144,791 per unit. The 1972-built property, called Newcastle Apartments, was 100% occupied…
Learn MoreSeptember 19, 2021
Sold for $6,950,000~$191 PPSF The Multi Family property located in Fort Lauderdale that spans 36,450 square feet sold for $6,950,000 or $191 PPSF. The deal closed 4 months ago. The brokers of the deal were Dan Dratch, Alejandro Gershanik, and Greg Matus. Read more here from Traded
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Sold for $13,575,000~$342 PPSF The Retail property located in Fort Lauderdale that spans 39,650 square feet sold for $13,575,000 or $342 PPSF. The deal closed roughly 4 months ago. The brokers of the deal were Greg Matus and Adam Tiktin. Read more here from Traded
Learn MoreSeptember 17, 2021
Hours before the Jewish holy day of Yom Kippur started on Sept. 15, the developer of a kosher hotel in Hollywood obtained a $10.2 million construction loan to move the project forward. Orlando-based Fairwinds Credit Union provided the loan to Kosher House LLLP, managed by Sharon Sharaby of BSD Capital in Hollywood. The loan was arranged by Casey…
Learn MoreSeptember 13, 2021
Florida might have dodged a bullet from Hurricane Ida, but consumers in the Sunshine State ultimately won’t be able to escape its financial wrath. Insurance experts say Ida will drive up rates for reinsurance — which is insurance that insurance companies must buy to guarantee they can pay all claims after a disaster — and…
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